Shenzhen Yishang Display Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
The Company has received the "Advance Notice" (Company Department Letter [2023] No. 164) issued by the Shenzhen Stock Exchange (hereinafter referred to as "the Exchange"). The specific content of the "Advance Notice" and the risk warning regarding the possible termination of the Company's stock listing are as follows:
1. Specific Content of the "Advance Notice"
On May 6, 2022, due to the inability to issue an opinion on the Company's 2021 annual financial report, the trading of the Company's stock was subject to delisting risk warning. The first annual report following the delisting risk warning, dated April 29, 2023, indicated that the Company's 2022 annual financial report also received an audit report expressing an inability to issue an opinion. The Company has triggered the delisting conditions as stipulated in Article 9.3.11, Paragraph 1, Item (3) of the "Stock Listing Rules (2023 Revision)" of the Exchange, and the Exchange intends to decide to terminate the Company's stock listing.